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Trentar announces merger of TM Aerospace and RFLY Innovations

Mumbai (Maharashtra) [India], April 21 (ANI/BusinessWire India): Trentar, a leading Full Stack UAV and Aerial Solutions group, on the 20th of April announced the merger of its two UAV manufacturing units viz TM Aerospace Pvt. Ltd and RFLY Innovations Pvt. Ltd. Announcing the merger, Lt Gen Sarath Chand (Retd.), CEO of Trentar's manufacturing division, said that the merger would enable both entities to take advantage of each other's resources, R&D capabilities and best practices, besides bringing in synergy and focus. In short, the merger will create a stronger, more competitive UAV design and development organisation to deliver exceptional value to customers, employees, and stakeholders. Gen Sarath Chand further stated that the merged entity will operate under the name of RFLY Innovations Pvt. Ltd, by retaining all the employees of TM Aerospace. The leadership team will work to maximize efficiencies and identify new opportunities for growth and innovation. He also stated th ....

Atmanirbhar Bharat , Narendra Modi , Gen Sarath Chand , Tm Aerospace , Tm Aerospace Pvt , Aerial Solutions , Businesswire India , Full Stack , Sarath Chand , Paramilitary Forces , Prime Minister Narendra Modi , Mumbai Maharashtra India , Pril 21 Ani Businesswire India Trentar , A Leading Full Stack Uav And Aerial Solutions Group , N The 20th Of April Announced Merger Its Two Uav Manufacturing Units Viz Tm Aerospace Pvt Ltd And Rfly Innovations Announcing , T Gen Sarath Chand Retd , Eo Of Trentar 39s Manufacturing Division , Aid That The Merger Would Enable Both Entities To Take Advantage Of Each Other 39s Resources , R Ampd Capabilities And Best Practices , Esides Bringing In Synergy And Focus Short , He Merger Will Createa Stronger , Ore Competitive Uav Design And Development Organisation To Deliver Exceptional Value Customers , Nd Stakeholders Gen Sarath Chand Further Stated That The Merged Entity Will Operate Under Name Of Rfly Innovations Pvt Ltd , Y Retaining All The Employees Of Tm Aerospace Leadership Team Will Work To Maximize Efficiencies And Identify New Opportunities For Growth Innovation He Also Stated That Trentar Group , Hile Continuing To Focus On Fixed Wing And Multi Rotor Platforms , Ave Also Embarked On Developing Unmanned Helicopter Platforms For Both Surveillance And Logistics In The High Altitude Terrains To Meet Requirements Of Army ,

Military modernisation lacks enough funds

Amit CowshishEx-financial Adviser, Acquisition, MoD ....

Jammu And Kashmir , Nirmala Sitharaman , Gen Sarath Chand , Rahul Bedi , Amit Cowshish , Ministry Of Defence Mo , China People Liberation Army , Defence Planning Committee , Defence Research , Army Vice , Finance Commission , Liberation Army , Finance Minister Nirmala Sitharaman , Border Roads Organisation , Indian Coast Guard ,

Military upgrade beset by fiscal opacity

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Damper: The MoD has abandoned the idea of creating a semi-autonomous and overarching Defence Acquisition Organisation. PTI
Amit Cowshish and Rahul Bedi
Amit Cowshish ex-Financial Adviser, Acquisition, MoD and Rahul Bedi Senior journalist
The Union government’s recent announcement of domestically sourcing a major proportion of its defence equipment requirements to achieve Atmanirbharta or self-reliance appears disingenuous as it’s neither new nor exceptional. It’s merely a continuation of a prevailing trend that has been progressively in play, albeit with a minuscule real increase in financial allocations by the Ministry of Defence (MoD) to help attain this long-awaited goal. ....

New Delhi , Gen Sarath Chand , Rajnath Singh , Gen Chand , Rahul Bedi , Amit Cowshish , Indian Air Force , Parliamentary Standing Committee On Defence Sco , Army Staff , Enterprises Msmes , Ministry Of Defence Mo , Defence Acquisition Organisation , India Defence Industrial , Financial Adviser , Rahul Bedi Senior , Capital Acquisition Budget , Financial Year , Defence Minister Rajnath Singh , Defence Industrial Base , Micro Enterprises , Vice Chief , Army Staff Lt Gen Sarath Chand , Parliamentary Standing Committee , Indian Mod , Defence Acquisition Procedure , புதியது டெல்ஹி ,

A Marginal Increase In Defense Budget Reels Under 9 5 Fiscal Imbalance In The Budget 2021

BW Businessworld
A Marginal Increase In Defense Budget Reels Under 9.5% Fiscal Imbalance In The Budget 2021
Defence Budget increased from Rs 4,71,000 crores to Rs 4,78,000 crores. Pension bill reduced from Rs 1,33,000 crores to Rs 1,15,000 crores. Marginal increase in Capital budget at Rs 1,35,060 crores from Rs 1,13,000 last FY. Fiscal burden at 9.5 % is dampening impact on the overall budget including defence.
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Defence Budget increased from Rs 4,71,000 crores to Rs 4,78,000 crores. Pension bill reduced from Rs 1,33,000 cr. to Rs 1,15,000 crores. Marginal increase in Capital budget at Rs 1,35,060 crores. from Rs 1,13,000 last FY. Capital budget is for the Modernisation fund for the armed forces. ....

Gen Sarath Chand , Narendra Modi , National Democratic Alliance , Department Of Military Affairs , Army Vice , Defence Budget , Gross Domestic Product , Prime Minister Narendra , Military Affairs , கேன் சரத் மந்திரம் , நரேந்திர மோடி , தேசிய ஜனநாயக கூட்டணி , துறை ஆஃப் இராணுவம் வாழ்க்கைத்தொழில்கள் , இராணுவம் துணை , பாதுகாப்பு பட்ஜெட் , மொத்த உள்நாட்டு ப்ராடக்ட் , ப்ரைம் அமைச்சர் நரேந்திர , இராணுவம் வாழ்க்கைத்தொழில்கள் ,